Sam Altman Quotes

The other advantage is that in conventional manufacturing processes, it takes a long time for a factory to produce an amount of product equal to its own weight. With molecular machines, the time required would be something more like a minute.

If you take existing ideas and make them affordable and scalable, you substantially change business models.

The thing that I often ask startups on top of Ethereum is, 'Can you please tell me why using the Ethereum blockchain is better than using Excel?' And if they can come up with a good answer, that's when you know you've got something really interesting.

Digital companies can reach new customers immediately and at virtually zero marginal cost. They can compete in new sectors by collaborating with peers and competitors. They can massively improve quality and productivity by converging technologies and sources of data.

Continuous productivity manifests itself as an environment where the evolving tools and culture make it possible to innovate more and faster than ever, with significantly improved execution.

When you're the first guy to put out the piece of silicon that's half as expensive or twice as powerful, you bring a capability to the market that nobody else does - or can.

I am able to compete not because my labour is cheap, but because I can use technology better than others.

Kmart uses such mass production that they are able to lower their prices. My hose, for instance, is made by the same factory, the same machines, the same threads as the hose made by four top designers.

3D printing will massively reduce the cost of certain products as the cost of labor is removed.

In the early days, start-ups make the main mistake of hiring people to do the work that they could do themselves.

For us to stay competitive, we're transforming our services business to be reliable and flexible.

Low-wage jobs have gone offshore. We need to innovate to stay competitive.

In the technology world, you have to execute fast or you're out of business.

I think that an industrial process is not like a rubber stamp. Everything has to be put together and, as such, should have its own expression.

The key virtue of orbital assembly is that it eliminates the tight connection between the size of the expedition and the size of the rockets used to launch it.

In the long run all producers are forced to use the most efficient methods or give place to others who do.

If you ask an economist what's driven economic growth, it's been major advances in things that mattered - the mechanization of farming, mass manufacturing, things like that. The problem is, our society is not organized around doing that.

Economies of scale are a good thing. If we didn't have them, we'd still be living in tents and eating buffalo.

The electronics industry expanded rapidly and the seeds for the semiconductor and software revolution were planted. The postwar period also saw the suburbanization of America, the rise of the homeowner, the build-out of the interstate highway system, and the rise of automobile culture. Credit availability expanded dramatically.

We're on the brink of the next industrial revolution. Instead of buying things, you can make them on a printer. When you have a 3D printer, you can iterate more - what used to take months, now takes hours.

The United States as we know it today is largely the result of mechanical inventions, and in particular of agricultural machinery and the railroad.

Infrastructure web services had to happen.

Software tends not to kill people, and so we accept incredibly fast innovation loops because the consequences are tolerable and the results are astonishing.

You can mass-produce hardware; you cannot mass-produce software - you cannot mass-produce the human mind.

Technology makes things faster and more cost-effective, but it's not perfect. It requires you to be as flexible as you can be.